Meitu's stock halves in 2026 despite AI-driven revenue growth
先了解这件事
Meitu's stock has fallen more than 50% in 2026, from above HK$9 to around HK$4, reversing years of AI-driven gains. The decline comes despite solid fundamentals: the company's generative AI model MiracleVision helped lift revenue from continuing operations to RMB 2.213 billion in the first half of 2026, up 22.1% year over year, with paid subscribers exceeding 18.44 million. Investor doubts are driven by intensifying competition from ByteDance's CapCut and Doubao and Alibaba's Qwen, along with rising compute costs — RMB 134 million in cloud and compute expenses in H1 2026 — which are weighing on margins and sentiment.
AI 根据报道生成 · 1 小时前更新
报道时间线
沿着报道，了解事件的不同侧面。
- 钛媒体Meitu's roller-coaster ride: AI revival meets rising doubts
Meitu's stock has fallen more than 50% in 2026, dropping from above HK$9 to around HK$4 after years of AI-driven gains. Its generative AI model MiracleVision helped lift revenue from continuing operations to RMB 2.213 billion in the first half of 2026, up 22.1% year over year, with paid subscribers exceeding 18.44 million. But intensifying competition from ByteDance's CapCut and Doubao, Alibaba's Qwen, and rising compute costs — RMB 134 million in cloud and compute expenses in H1 2026 — are weighing on margins and sentiment.
本事件热度走势
还没有足够的连续观测数据，暂不绘制趋势。